Illinois Home Foreclosure Activity Rose 32.6% In 2012CHICAGO (AP) - Illinois home foreclosure activity rose 32.6 percent in 2012 compared to the previous year. But it was almost 10 percent lower than in 2010.
A report released Thursday by Irvine, Calif.-based RealtyTrac shows Illinois with 136,603 foreclosure filings last year. That represents a rate of one in every 39 housing units, or 2.58 percent of all homes. It's the fifth-highest rate in the nation. Filings include default notices, auction-sale notices and bank repossessions.
Florida had the nation's highest foreclosure rate - one in every 32 housing units. Other states with foreclosure rates worse than Illinois were Nevada, Arizona and Georgia. Nationally, last year's foreclosure activity fell almost 3 percent from 2011. That was 36 percent lower than in 2010.
See other LocalNews news:Fast Food Workers Vow Civil Disobedience
One Injured As Fire Destroys Junction City Home
Centralia Man Faces Obstructing Justice Charge
Illinois Prison Guard Suffers Concussion in Attack
Cahokia Mounds Excavators Make Interesting Find